[2][3] The film is based on the urban legend of The Hook, and follows a group of teenagers who are terrorized by an escaped mental patient in and around lovers lane.

On Valentine's Day at a lovers lane, Dee-Dee and Jimmy are kissing in their car when Ray Hennessey, a man wielding a steel hook, attacks them.

Later that night, Michael sneaks out of his room to meet his friends, including Chloe, Tom's daughter Mandy, Bradley, cheerleader Janelle, joker Doug, and couple Cathy and Tim at the bowling alley.

Also there is Deputy David Schwick, whom Sheriff Tom has put in charge of keeping Chloe and Mandy safe.

The group find Bradley's car, only to discover that he and Chloe have been murdered, before the Hook arrives and stabs Tim to death.

While Janelle tends to Doug's injury, Mandy and Michael enter the barn to retrieve the missing owners' car.

Sheriff Tom and Penny go to Jack's house and find a shrine devoted to Mandy, before rushing to lovers lane.

En route, they find Chloe still alive, who urges them to return to lovers lane as Bradley has also survived.

Mandy is forced into a car by her attacker, revealed to be Jack who says that he was Harriet's killer, and had survived the explosion at the farmhouse.

According to the film's Blu-ray commentary track, it made back its entire budget after a deal was signed with Blockbuster.

"[9] Greg Muskewitz of eFilmCritic.com called Lovers Lane a "cheap, cheesy ripoff of I Know What You Did Last Summer", and panned it for low grade production values.